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Anonymous Sun Jul 23 22:53:57 2023 No.55644282 [Reply] [Original]

Is the weekly close seriously going to be above 30k after everything that happened and with rate hikes incoming? This week has given me a aneurysm. I've lost my fucking mind.

>>	Anonymous Sun Jul 23 22:58:19 2023 No.55644306 >>55644282 Whats about rate hikes?

>>	Anonymous Sun Jul 23 23:06:24 2023 No.55644363 >>55644306 its cooming

>>	Anonymous Sun Jul 23 23:08:29 2023 No.55644379 >>55644282 lol

>>	Anonymous Sun Jul 23 23:10:03 2023 No.55644393 File: 158 KB, 993x765, Pepe Killing Merchant.jpg [View same] [iqdb] [saucenao] [google] >>55644282 >>55644306 Rate hikes? More like hate kikes!

>>	Anonymous Sun Jul 23 23:12:24 2023 No.55644416 >>55644282 Post your short position kek

>>	Anonymous Sun Jul 23 23:25:23 2023 No.55644499 File: 309 KB, 495x495, 1650332533126.png [View same] [iqdb] [saucenao] [google] >>55644282 we aren't going anywhere

>>	Anonymous Sun Jul 23 23:26:13 2023 No.55644502 >>55644282 priced in. 40K incoming

>>	Anonymous Mon Jul 24 00:06:56 2023 No.55644803 Yes

>>	Anonymous Mon Jul 24 00:13:02 2023 No.55644840 Aren't rate hikes bullish for assets?

Anonymous Mon Jul 24 00:17:08 2023 No.55644874

>>55644840
Rate hikes are very bad for speculative assets such as crypto.

They mean money is expensive to borrow. Speculative shit like tech requires large funding and capital markets being flush with cash e.g. cheap borrowing and lots of investing.

When cash becomes expensive everything tightens up, and speculative investing decreases heavily.

Capital markets are currently already pretty dry. More hikes will hurt crypto, tech, etc.

That being said it’s amazing how well these things have held up, retail is propping up all markets

>>	Anonymous Mon Jul 24 00:30:43 2023 No.55644962 >>55644874 Exit liquidity/ short squeeze

>>	Anonymous Mon Jul 24 00:34:39 2023 No.55644991 >>55644499 stop the crabbing >>55644874 yes indeed. we need the correction, let them increase rates at the FED and ECB. Inflation is still bad everywhere!

>>	Anonymous Mon Jul 24 01:50:14 2023 No.55645499 >>55644991 >>55644874 So number go down?

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